Heading into this year, most U.S. farmers were hoping to break even or maybe record a small profit if they could find a way to limit their sky-high costs. But now they are faced with losing the biggest export market for many of their crops after China retaliated against President Donald Trump's tariffs.
“There's just not any margin for error in the current farm economy,” said Kentucky farmer Caleb Ragland, who serves as president of the American Soybean Association.
